Premier (NASDAQ:PINC) to Be Acquired by Patient Square Capital

2 min read | September 22, 2025 11:55 PM PDT | By Sonal Goyal

Highlights

  • Premier stockholders to receive USD 28.25 per share in an all-cash transaction.
  • Deal values company at 23.8% premium to 60-day average price.
  • Transaction is expected to close in the first quarter of the calendar year 2026.

Premier, Inc. (NASDAQ:PINC) announced that it has entered into a definitive agreement to be acquired by an affiliate of Patient Square Capital. The agreement has been unanimously approved by the Premier’s Board of Directors.

Under the terms of the deal, Premier stockholders will receive USD 28.25 in cash per share. This represents a 23.8% premium to the company’s 60-day volume-weighted average price as of September 5, 2025.

Michael J. Alkire, President and CEO of Premier, added, “Since going public in 2013, Premier has leveraged our access to capital to build unmatched supply chain expertise, world-class technology, and nationally recognized advisory capabilities that enable our members to continuously improve their cost, quality, and operational efficiencies. Now, as the health care landscape continues to rapidly evolve, transitioning to private ownership will once again enhance the Company’s financial flexibility and provide additional resources to accelerate the advancement and tech-enablement of our product portfolio, capitalize on emerging opportunities and continue pushing the envelope of innovation. I am proud of everything our team has achieved and look forward to building on our progress as we continue delivering real results for our members, contracted suppliers, customers and other stakeholders.”

The transaction is expected to close by the first quarter of 2026, subject to stockholder and regulatory approvals and customary closing conditions. Upon completion, Premier will become a private company, and its common stock will no longer be listed or traded on public exchanges.

Advisors for the transaction include Goldman Sachs & Co. LLC, BofA Securities, Inc., and Wachtell, Lipton, Rosen & Katz for Premier, while Patient Square is advised by Kirkland & Ellis LLP, Ropes & Gray, Jefferies LLC, Santander, and Perella Weinberg Partners LP.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next